Factors moderating the process of managing environmental objectives and identification of possible behavioural scenarios – results of a literature review

Abstract

PurposeThe aim of this paper is to identify factors moderating the process of managing environmental objectives and to develop potential behavioural scenarios related to this process.Design/methodology/approachThe main research method used by the authors was a systematic literature review. The applied procedure was consistent with the general methodology of conducting research and the methodology of research in management sciences. The conducted literature review was supplemented with an analysis of grey literature.FindingsA number of factors influence the process of managing environmental objectives. Legal factors can stimulate the introduction of pro-environmental measures. The lack of universal legal regulations encourages unethical actions. The ethical values deserve special attention. If their level is high, then even the factors embedded in the environment that foster unethical behaviours are of little importance. In this sense, the performed literature review confirms the theory proposed by Locke. Managerial factors, including remuneration for the achievement of environmental objectives, may be the reason for weakening the process of minimising the negative impact on the environment.Originality/valueOn the basis of the conducted research and various theories of objectives, the authors formulated practical managerial recommendations aimed at reducing the number of errors in the process of setting environmental objectives.

Does ESG performance affect the systemic risk sensitivity? Empirical evidence from Chinese listed companies

“…This study contributes to the development of a conceptual model for explaining the impact of ESG performance on the company’s systemic risk sensitivity and to analyze the transmission mechanism from both the consumer and investor perspectives. ESG factors have gained significant importance in recent years as investors and stakeholders increasingly recognize their impact on financial performance and long-term sustainability (Bugdol and Wontorczyk, 2021). By examining how ESG performance affects systemic risk sensitivity in China, the paper provides insights to the companies in understanding the influence of market value on the relationship between ESG performance and systemic risk sensitivity.…”